Aditya Birla Sun Life claim settlement ratio
  • CSR of Aditya Birla
  • Last five years CSR of Aditya Birla
  • How to claim?
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Aditya Birla's Term Plan Claim Settlement Ratio

The claim settlement ratio showcases the total number of claims being settled by an insurance company. Every year, the Insurance Regulatory and Development of India (IRDAI) releases the CSR of every insurer in its annual report.

In the financial year of 2022-23, Aditya Birla reported a CSR of 98.12%, higher than their last financial year's CSR, which was 98.07%.

Why is claim settlement ratio important before purchasing term plan?

Following are the reasons one should know CSR before purchasing Aditya Birla's term plan:

  • Company reliability
    Claim settlement ratio (CSR) showcases the company's reliability among customers. Moreover, it showcases how responsible the company is towards paying the claim when needed the most. It is suggested to check the CSR for at least five years before purchasing.
  • Secure your financial future
    Knowing the Claim settlement ratio(CSR) helps the customer determine how credible the insurer company is regarding claim settlement. Being a Good CSR gives you a secure future and peace of mind.

Aditya Birla's term plan last 5 years claim settlement ratios:

Below are the last five data of Aditya Birla's term plan CSR:

Year CSR
2021-2022 98.07%
2020-2021 98.04%
2019-2020 97.54%
2018-2019 97.15%
2017-2016 96.38%

What is the procedure for Aditya Birla's term plan claim?

The following are steps for settling the claim of Aditya Birla claim settling:

  • Claim intimation
    The first is informing the company about the incident. You can inform the company Through SMS, Calls, and visiting the branch office in various ways.
  • Document submission
    After intimation, Following are the following documents are required to be submitted depending on death type:
Reason of death Documents
Natural death( Early time-period)
  • Death certificate copy
  • KYC of nominee
  • Relation proof
  • Original policy document
  • Canceled cheque
Natural death(Non- early time period)
  • Employer certificate
  • Medical Certificate
Unnatural death(Accident etc.)
  • FIR
  • Post-mortem report

Aditya Birla's term plan claim settlement ratio: FAQs

1. What is the CSR of Aditya Birla Aditya Birla claim settlement ratio?

98.12%

2. What documents are required to claim Aditya Birla's life insurance?

  • Death certificate copy
  • KYC of nominee
  • Relation proof
  • Original policy document
  • Canceled cheque

3. Which insurance company has the highest CSR?

Max life insurance- 99.51% is among the highest CSR.

4. What is the email address of Aditya Birla's term plan for reading claims?

Bsli.PriorityClaims@adityabirlacapital.com

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Naval Goel

Reviewed By: Naval Goel

Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.